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According to "Eleventh Five-Year Plan" proposed energy reduction targets by 2010, energy consumption per unit of GDP decreased in 2005 based on 20% of major pollutants down 10%. However, according to statistics, over the past four years, energy conservation target by 14.38%, in particular the first half of this year, not only did not drop but rose by 0.09%. Energy data are far from the target in the short term a lot of pressure energy saving, energy saving and emission reduction has been from the storm of steel, coke in the field spread to the chemical industry.
It is learned that Jiangsu, Zhejiang, Shandong, Hebei and Yunnan have been issued to the local chemical industry limited power to inform, prices of petrochemical products began to EADS were mixed patterns. Market data statistics, the past two weeks, 100 kinds of chemical products, there are 70 kinds of ring prices rose, 16 declined, 14 remained stable. Including chlorine, ethylene, methyl acrylate prices rose by more than 10% of the price of yellow phosphorus by the early July of 12,000 yuan / ton up to 15,000 yuan / ton. According to industry sources, with further promote energy saving policy, nitrogen fertilizer, calcium carbide, PVC and phosphorus prices will rise further.
Analysts said the price rise for listed companies on the chemical industry grew by nearly half and half. Some SMEs because of emissions caused by limited production capacity and efficiency decline, thus affecting corporate profits; some companies as industry overcapacity serious, prices continued to rise less motivated, less emission reduction impact limited production; some enterprises because of its relatively complete industrial chain, independent power generation capacity has been basically able to meet production needs, the company constitutes a good price.
Flush research centers that save energy or nitrogen will bring a turning point opportunity. It is reported that a large number of excess nitrogen as capacity, price suppression, loss of nitrogen fertilizer production enterprises have been teetering on the brink. With the energy saving capacity caused by small cut or stop production, nitrogen fertilizer prices expected to continue to rise, the domestic cost advantage and geographical advantages of the urea business will benefit.
Orient Securities bullish on yellow phosphorus industry, analysts said that with the increasing depth energy saving, energy-intensive enterprises preferential tariff canceled, the state has closed behind the yellow phosphorus miscarriage can, the price of yellow phosphorus may continue to rise, domestic integration higher levels of phosphate business opportunities more apparent. Evidently, with yellow phosphorus production capacity, and there is a certain electricity self-sufficiency phosphate enterprises and Cheng Xing Hing Fat Group shares. Hing Fat Group currently has a capacity of 145,000 kilowatts hydropower, the company's hydroelectric generating capacity sufficient to support company needs.
Listed companies have said the chemical industry, chemical industry only to speed up technological innovation and management innovation, and promote the upgrading of products and the industry to upgrade and enhance enterprise hardware and management level, a consistent place to pay attention to energy saving and emission, are the response to any risk of accident long-term strategy. (Miao-Yi)
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